after allowing two successive discounts of 25% and 30% a shopkeeper sells a woolen jacket for Rs.420.find the marked Price of jacket
Answers
Given,
After allowing two successive discounts of 25% and 30% a shopkeeper sells a woollen jacket for Rs.420.
To Find,
The marked price of the jacket =?
Solution,
We can solve the question as follows:
It is given that a shopkeeper sold a woollen jacket for two successive discounts of 25% and 30% The final cost of the jacket is Rs. 480. We have to find the marked price.
Let the marked price of the jacket =
Price of the jacket after the first discount:
We can use the formula,
Final price = Original price x (100 - Discount)/100
Now,
Price of the jacket after the second discount:
Now, the new price of the jacket is and the final price is Rs. 420.
Final price = Original price x (100 - Discount)/100
Hence, the marked price of the jacket is Rs. 800.
The marked price of the jacket is Rs. 800.
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Let's understand a few concepts:
We will use the following formulas to solve the given problem:
1). If the first discount is x% and the second discount is y% then the total discount in this case of successive discounts is:
2). The amount of discount will be:
3). The sale price will be:
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Let's solve the given problem:
The two successive discounts given on the woollen jacket are 25% and 30%
∴ Total discount %
=
=
=
=
The final selling price of the woollen jacket = Rs. 420
Let Rs. "x" be the marked price of the woollen jacket.
Now, by combining the two formulas in 2) and 3), we get
Thus, the marked price of the woollen jacket is Rs. 800.
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